Property Ownership
In Louisiana, which of the following is true about a 'right of redemption' in a property tax sale?
AThere is no redemption right — tax sales are final
BThe former owner has a statutory period (typically 3 years) to redeem the property by paying the taxes, penalties, interest, and costs✓ Correct
CThe right of redemption lasts indefinitely under Louisiana law
DOnly lenders, not original owners, can redeem tax-sold properties
Explanation
Under Louisiana law, a property owner whose property was sold at a tax sale has a 3-year right of redemption — the right to reclaim the property by paying the delinquent taxes, penalties, interest, and costs to the tax sale purchaser. After 3 years, the redemption right generally expires.
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